Wednesday 24th August 2016                 Change text size:

money and calculator by images money via flickr

Ombudsman service reveals ‘unprecedented’ year of financial disputes

The Financial Ombudsman Service settled a record number of disputes between consumers and financial service providers over the year to the end of March 2014. The independent body answered 2.3m enquires, with around one in five of these turning into a formal dispute, and settled a record 518,778 disputes....


Photo: Technology Nomad via Twitter

Longitude Prize revived to offer £10m to solve greatest scientific challenges

A 300-year-old competition that offered a cash reward to the innovator that solved the toughest scientific challenge of the day has been revived, now offering £10m for a solution to one of today’s biggest health or climate problems.  In 1714, the British government, concerned by the difficulties navigators experienced...


2358587281_3d85f0bf83_z

Shell letter to shareholders: fossil fuels will not create ‘carbon bubble’

In a letter to shareholders, oil giant Shell has said that it does not believe any of its proven fossil fuel reserves will become ‘stranded’ as a result of current or foreseeable future legislation concerning carbon reduction. Whilst the letter notes that climate change risks are moving up the...


newspaper arm by sanja gjenero via stock.xchng

Blue & Green Daily: Monday 19 May headlines

Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow. Political parties on the spot: how do we make democracy sustainable? Operating in a global context: sustainability in the hospitality sector Should...


wind turbine by Colin Brough via stock.xchng

Ecotricity saves wind firm from administration

Renewable energy firm Ecotricity has bought a small wind firm out of administration, while blaming government policies for leaving “investors spooked”. Small wind firm Evance has been working on an innovative new windmill design, which was 90% of the way through development and nearing production stage when government policy...


8696180548_b42005a8e1_z (1)

On this day in 1913: Rockefeller Foundation is founded

On this day in 1913 the Rockefeller Foundation was founded. Over the last 101 years, the organisation – based in the US but active all over the world – has worked to promote the wellbeing of humanity. John D Rockefeller, co-founder of the Standard Oil Company, always had an...


Syed (1) (1)

Social investment fund backs mental health text messaging app

Mental health technology firm Buddy has received £400,000 worth of funding, with the LGT/Berenberg fund Impact Ventures UK among its investors. The social enterprise aims to address some of the challenges around mental health. Buddy App aims to transform how people manage a mental health condition. Clients use the...


Photo: tomasz jastrzebski via freeimages

Half of parents say financial services ‘not socially responsible’

Nearly half of parents (44%) think working in financial services is “not socially responsible”, according to a new survey that suggests young people are being put off the industry by the generation above them. While 78% agreed that jobs in the industry could pay well, 62% said they would...


Photo: Gary Bembridge via Flickr

Natural History Museum receives ‘largest ever’ philanthropic donation

Leading philanthropist and founder of asset management firm CQS Sir Michael Hintze has made an unprecedented £5m donation to the Natural History Museum, to help the iconic institution plug a gap in public funding. The donation from Hintze, a prominent Tory donor and hedge fund billionaire, and his wife...


58689293_ce1a8c8cf7_z

Social media boosts awareness and philanthropy in China’s non-profit sector

Technology and the use of social media has reportedly boosted China’s third sector by engaging with the public, building trust and improving transparency, according to the Asia Foundation. The organisation explains that whilst Chinese culture has historically encouraged charity, an extensive welfare system led to it becoming less commonplace....


TED

TED talks: the emergent patterns of climate change – Gavin Schmidt

The complex models used by scientists to make predictions about the future of our climate are only useful if we use them as the basis for action, argues Gavin Schmidt in this week’s featured TED talk. Climate scientist at Columbia University’s Earth Institute and deputy chief at the NASA...


840600_94918677

AstraZeneca rejects second takeover bid from Pfizer

British drug company AstraZeneca has rejected a second takeover bid from US firm Pfizer, saying that the new offer still “substantially undervalued” the company. Pfizer offered AstaZeneca the equivalent of £50 a share, valuing the firm at £63 billion. The firm said that the proposal was “inadequate” and was...


World Wide Gifts via flickr

Climate change major threat to biodiversity, study says

New research has suggested that climate change effects on the environment would be so complex and varied that different regions would be threatened in different ways. Scientists have said that the level of complexity of this phenomenon is unprecedented in natural sciences. The team of researchers used 15 climate...


newspaper arm by sanja gjenero via stock.xchng

Blue & Green Daily: Friday 2 May headlines

Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow. Lisa Nandy MP: saying goodbye to ‘antisocial’ business Fossil fuel subsidies preventing transition to low-carbon economy Greenpeace ship captain arrested in Arctic...


8162075139_3f0ab54c7f_z

Private sector could become involved in government scientific research

Private sector organisations may soon be able invest in the government’s Food and Environment Research Agency (Fera), according to reports. The potential of a joint venture has received criticism. Fera is responsible for scientific research across a wide range of issues, covering agriculture and the food supply chain. It...